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LordOfBitcoins

I see light when everyone has doubts. Chart talks.

Short
Indice devise Dollar U.S. (TVC:DXY)  
LordOfBitcoins  
TVC:DXY   Indice devise Dollar U.S.
Trend Analysis Chart Patterns Technical Indicators BTCUSD BTC Bitcoin (Cryptocurrency) BTCUSDT btcusdlong btc_usd bitcoinprice bitcoinforecast bitcoinusd
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trendanalysis chartpattern indicator btcusd btc bitcoin btcusdt btcusdlong btc_usd bitcoinprice bitcoinforecast bitcoinusd
This chart is showing the dollar index and will help me to explain about the route for BTC.

Dollar grew from May until now, and you know dollar is in downtrend.

When dollar goes up, BTC goes down and viceversa.

Look closely at the chart, the dollar is going down now for 3 major reasons:

1- strong resistance zone in daily TF

2- negative divergence

3- bearish engulfing pattern in daily TF

Government needs to show a strong dollar due to the inflation but the chart is the chart at the end of the day. Dollar goes down.

Guys BTC is going up very soon.

Follow me for more updates.


BTCUSD
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